Camera recommendation for around $200?

I'm looking for a camera to replace my lady's aging one. I used to have a fairly decent Nikon D60 which took awesome pictures but it was was way to much of a trouble to bring it around for day to day pictures. So I'm looking for a point and shoot and budget is around $200.

Features I'm looking for...Some sort of burst mode, reasonably fast startup, durability (rugged/waterproof would be nice), and a decent zoom.

thats a lot to ask for in $200 camera. I would say skip the waterproof + rugged. small camera gives you more room to get it a thicker case = rugged. Yet, when going out to dinner you can leave the rugged case behind.

I like to buyin the sweet spots of the image qualtiy/cost curve, so I highlight two posibilities below.